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Home2022November

Month: November 2022

LNG
Energy Crisis

Low Prices And Tanker Traffic Leave $2 Billion Of LNG Floating Off Europe

November 4, 2022 Mariel Alumit

$2 billion worth of LNG is currently floating off Europe’s coast due to a lack of LNG capacity and low prices. The tankers have an incentive to stay where they are as traders expect prices […]

U.S.
EIA News

U.S. electric-generating capacity for combined-cycle natural gas turbines is growing

November 4, 2022 Mariel Alumit

November 4, 2022 Data source: U.S. Energy Information Administration, Monthly Electric Generator Inventory, Short-Term Energy Outlook Eight new natural gas-fired combined-cycle gas turbine (CCGT) power plants have come online or will come online in the […]

Maersk
Zero Edge

End Of An Era: Profits Finally Peak For Shipping Giant Maersk

November 4, 2022 Mariel Alumit

By Greg Miller of FreightWaves Three months ago, executives of Maersk expected the container shipping market to peak and turn downward sometime in the fourth quarter. Just a few weeks later, they were proven wrong. […]

Scotland
Industry Insights

Scotland In the Little Ice Age

November 4, 2022 Mariel Alumit

​ From NOT A LOT OF PEOPLE KNOW THAT By Paul Homewood h/t Joe Public Talking of glaciers, this BBC report from eight years ago was a bit more balanced: A glacier was still in […]

IEA
Finance

IEA Predicts 2023-2024 Winter Will Be Worse Than The Upcoming Winter The Daily Financial Trends

November 4, 2022 Mariel Alumit

On Thursday, the International Energy Agency (IEA) said in a new report on the future of the energy market, that the EU may have to continue to endure the present energy crisis through 2024. In […]

Bloomberg
Finance

Bloomberg Predicts Jobs Growth Will Slow In Friday’s Report The Daily Financial Trends

November 4, 2022 Mariel Alumit

Bloomberg issued predictions for the forthcoming jobs report from the Bureau of Labor Statistics, predicting that jobs growth will have slowed in October as the Federal Reserve pushed ahead with its strictest monetary tightening regimen […]

Canada
Finance

Canada Orders Chinese Companies To Divest From Critical Minerals Sector The Daily Financial Trends

November 4, 2022 Mariel Alumit

Just days after the Canadian government introduced tougher rules on foreign investments in Canadian mining companies, the government has ordered three Chinese firms to divest their interests in critical minerals companies, due to national security […]

England
Finance

Bank of England Raises Interest Rates 75 Basis Points The Daily Financial Trends

November 4, 2022 Mariel Alumit

On Thursday the Bank of England announced it would hike interest rates by 75 basis points – the biggest rate increase it has implemented in 30 years, as it battles skyrocketing inflation. It was the […]

Zero Edge

Mapping Energy Poverty In Europe

November 4, 2022 Mariel Alumit

Europe has a tough winter ahead. Without Russian natural gas, the bloc has a shortage of energy. This has ratcheted up heating bills, and as we’ve already seen, it’s households bearing the brunt of the […]

Retail Investors
Zero Edge

Morning Wood: ARK Trying To Hawk Shares Of Now-Private Twitter To Retail Investors

November 4, 2022 Mariel Alumit

Now it isn’t just overpriced public “visionary” investments Cathie Wood is offering to potential investors, the ARK Manager is now also trying to hawk shares of the newly-private Twitter, according to new reports. Now that […]

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